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Tim Dineen's avatar

There is a definite housing boom here in Beaverton, Oregon. New rules that allow duplexes, triplexes, quadplexes, townhomes, and cottage clusters in Beaverton’s residential neighborhoods took effect in June 2022. There are 5 story apartment/condo complexes going up all over - many with ground floor retail. Much of it is redevelopment on former retail space, although some is new construction on open space. How much is actually "affordable" is open to discussion - depending on location.

The problem here with the older "silent generation-bought" housing, is much of it is literally falling apart. Mold is rampant, poor insulation, and 70 years of wear and tear on cabinets, floors, and counters, has taken its toll. Wall heaters are not efficient, windows are all single pane and not efficient... It becomes easier to tear down and start over, than to try and bring them up to standards of today.

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Richard Weingarten's avatar

How would low rise, affordable condos or rental apartments affect your cogent analysis?

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